Horse Betting for the Novice

If you are new to the horse racing world and you would like to start placing bets, the best method of betting for you would be the standard bet. The reason for this is that there is not a lot of skill that goes into this type of bet, and you will know from the beginning exactly how much money you stand to win, or lose if that be the case. With a standard bet you basically look at the racing form that is handed out at the track and determine which horse you would like to bet on for the win. You can choose the horse to place which means he will come in 1st, 2nd, or 3rd, or you can place to win, meaning he will come in first. The first thing you should pay attention to on the form is the horse and his racing history.

When looking at the racing history of a horse you should always try to take his last three races into consideration. You aren’t trying to look at the horses over all career, just how the horse has performed lately. Another thing to look for is the terrain the horse does better on. For example if the horse normally runs well on grassy terrain and not so much on more solid tracks, you may want to base your bet on what terrain the actual race will be taking place on. It is also important to keep in mine that long shot horses do pay out more money when they win so if you can find a redeeming quality on a long shot, that is a sure way to win with higher stakes.